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Showing posts with the label trump administration

U.S. Tariffs on China Will Likely Be Reduced by 50%

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Evidence suggests the Trump administration plans to cut U.S. duties on China by half through recent reports. The current efforts of President Trump to ease trade tensions with Beijing coincide with his willingness to reduce U.S. tariffs on China during this writing period. JUST IN: US tariffs on China will likely be reduced by 50%, WSJ reports. — Watcher.Guru (@WatcherGuru) April 23, 2025 Also Read: BRICS: India Plays ‘Double Game’ With the US Dollar? What Trump’s Tariff Cuts Mean for Trade, Markets, and Investors Source: The New York Times Trump Signals Major Tariff Cuts The Trump administration currently examines different methods for reducing the American trade barrier on Chinese imports, which he imposed in his second term, through possible reductions of 50% to 65%. Ears of political representatives currently explore a plan that duplicates previous House Committee on China recommendations. President Trump said: “But it won’t be zero.” China’s Response ...

Feasibility Study: Utilizing National Energy Resources for Bitcoin Mining to Increase U.S. Bitcoin Reserves under the Trump Administration

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1. Current Situation: Bitcoin Reserves and Trump’s Energy Policy Amid intensifying global competition for Bitcoin reserves, the U.S. government has accumulated approximately 200,000 Bitcoins (worth around $17 billion) through law enforcement seizures and has established a “strategic Bitcoin reserve pool” prohibiting their sale. Meanwhile, the Trump administration’s policy direction exhibits two core tendencies: (1) supporting traditional energy industries, advocating for reduced subsidies and constraints on clean energy; (2) enhancing America’s financial competitiveness without increasing fiscal expenditure. Therefore, utilizing national energy resources for Bitcoin mining to augment reserves theoretically aligns with the administration’s policy objectives. Currently, U.S. national energy assets primarily include decommissioned power plants, Tennessee Valley Authority (TVA) hydroelectric facilities, military backup power sources, and other public energy infrastructures. These resources...

Here’s when Bitcoin’s bear market will start, according to expert

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As Bitcoin‘s (BTC) price shows stability above $100,000, a cryptocurrency trading expert is warning that the maiden digital currency might enter a bear market within months. According to Ali Martinez, historical trends indicate that Bitcoin’s downturn may be imminent, despite the anticipation that the asset will rise further amid a changing regulatory landscape, he said in an X post on January 24. Bitcoin price analysis chart. Source: Ali_charts Martinez highlighted that during Bitcoin’s previous halving cycles, the asset reached a market top within specific timeframes. Following the 2012 halving, the market top occurred 367 days later.  Picks for you Orderly's (ORDER) one-month trading volume jumps by 157% 16 hours ago ...

Why XRP could hit $8 after reclaiming a 3-year high

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XRP has emerged from what can be considered a hibernation, with the token reclaiming the $1 mark for the first time in over three years. This move puts questions about XRP’s long-term sustainability to rest, with an analyst predicting further upside for the asset. This potential stems from XRP’s dominance in the cryptocurrency market, which has reclaimed the 1.66% level—a significant milestone after three years—according to an Analysis by Cryptoinsightuk in an X post on November 16. XRP price analysis chart. Source: TradingView This dominance level has historically acted as a launchpad for upward movements, with dominance seeing an average continuation of 740% in similar scenarios. Picks for you Here’s why this crypto startup founder is on the Socialist Party’s ‘Wall of Shame’ 51 mins ago ...

Is It Too Late To Buy DOGE? Department Of Government Efficiency Price Surges 19% As Elon Musk Discusses New DOGE Role – And This Might Be The Next Crypto To Explode

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The Department of Government Efficiency price surged 19% in the last 24 hours to trade at $0.4128 as of 3.45 a.m EST on trading volume that surged 26% to $76.41 million. The DOGE token was inspired by Donald Trump’s idea to create a new department that would be spearheaded by Elon Musk to focus on government efficiency. With that being the case, Trump’s victory in last week’s US presidential election resulted in a major price surge for the token. WE DID IT!!! 🫡🇺🇸🚀 The American voters have spoken and with Donald Trump as President, we will see Elon Musk as the head of the Department of Government Efficiency!!!! The next stage of our journey starts NOW! Join us on this journey as Elon and The DOGE cut their way through… pic.twitter.com/Hzf2vKGVPN — Department Of Government Efficiency Community (@doge_eth_gov) November 6, 2024 The project saw its price skyrocket by over 500% in a single week. However, the sharpest surg...